KOSPI (SEOUL.NDX) Close: 2 205.44 (-4.02), Apr 28, 2017

Chart Technical Analysis KOSPI (SEOUL)

rsi chart
 Positive Candidate -Medium term, Apr 28, 2017Analysis Explanation
KOSPI is within a rising trend and continued advance within the current trend is indicated. On reactions back, there is support against the floor of the trend channel. Has given positive signal from a rectangle formation by a break up through the resistance at 2116. Further rise to 2246 or more is signaled. The index has support at points 2070. RSI diverges negatively against the price, which indicates a danger for a reaction down. The index is overall assessed as technically positive for the medium long term.

1 day-0.50%592.47-0.18%
5 days37.881.66%729.58+1.87%
22 days-27.274.03%835.22+1.77%
66 days-15.987.10%781.97+6.76%
Trend 21%2129.19 - 2227.41
Short Term Trading Range2017-04-24
Long Term Trading Range2017-01-11
Moving average2017-01-09
Double Top Pattern2016-11-02
Double Bottom Pattern2016-03-02


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